MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

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To: signist who wrote (6520)	12/17/1997 5:28:00 PM
From: Dan Spillane	Read Replies (2) of 42804

One would expect a standard "BUY" or "STRONG BUY" carried on the business wires which hasn't occurred. Mysterious recommendations elsewhere don't seem worth much since they would appear to be unprovable. A number of small stocks are "taking pressure" (via short selling) courtesy well-capitalized hedge funds. Looks like MRVC has been one of them. One of the angles here is to capitalize on tax-loss selling. You're left with a stock that is trading at 16x projections for next year, growing several times that. ___again___ You said: Hi Andrew, BEST reiterated buy recommendations in Oct. and Nov. at the institutional/broker level and obviously it has not helped the price of the stock.

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